Bitcoin, Gold And Silver Surge As US Government Shutdown Fears Intensify
Bitcoin, gold, and silver are rallying as fears of a US government shutdown intensify. US government funding is set to expire today, so the shutdown could start at midnight unless a deal is reached. So far, negotiations between the White House and Congress have failed to produce an agreement. House Republicans have approved a stopgap measure to extend funding through Nov. 21, but Senate Democrats have resisted it. With the deadline approaching and no deals in sight, the White House’s Office of Management and Budget (OMB) has reportedly instructed agencies to prepare for mass firings rather than just temporary furloughs. Bitcoin, Gold And Silver Rally As the market braces for a likely shutdown, investors are retreating to safe haven assets such as Bitcoin, gold and silver, causing their prices to rally in the last 24 hours. Bitcoin, which tumbled below $109K on Friday, is trading up almost 1% in the past 24 hours at $113,017.50 as of 5:44 a.m. EST, ac...